CI Financial Reports Record Total Assets of $215.6 Billion
TORONTO–(BUSINESS WIRE)–CI Financial Corp. (“CI”) (TSX: CIX, NYSE: CIXX) today reported preliminary assets under management as at November 30, 2020 of $133.3 billion and wealth management assets of $82.3 billion, for total assets of $215.6 billion. These results represent month-end record highs for wealth management assets and total assets for CI.
CI’s assets under management increased by $7.7 billion or 6.1% in the month of November and by 1.4% year-over-year. Core average assets under management for the quarter-to-date were $125.1 billion, an increase of 0.4% over the third quarter of 2020. Core assets under management are those managed by CI’s Canadian and Australian subsidiaries.
CI’s total wealth management…